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Braves’ finances hit hard: 95% drop in revenue; employee pay cuts
The Atlanta Journal Constitution ^ | August 10th, 2020 | By Tim Tucker

Posted on 08/10/2020 5:55:09 PM PDT by Mariner

Braves owner Liberty Media disclosed the team’s second-quarter financial results Monday, revealing dramatic losses that underscore the impact of the coronavirus pandemic on the sports and live-events industries.

The Braves’ revenue plunged 95% in the April-through-June quarter, compared with the same period a year ago, falling from $208 million to $11 million. The team posted an operating loss before amortization and depreciation of $26 million for the quarter, compared with a profit of $62 million in the same period last year.

(Excerpt) Read more at ajc.com ...


TOPICS: History; Sports
KEYWORDS: atlanta; baseball; braves; breadandcircuses; georgia; kneelsportsjocks; revenue; sports; timtucker
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Baseball could have survived the 'rona. At least the teams would know fans will be there as soon as was prudent. And they would watch on the TV.

But when you stack "woke"ness on top I fear this great American cultural institution is on the verge of collapse.

1 posted on 08/10/2020 5:55:09 PM PDT by Mariner
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To: Mariner

Good

I hope the wntire mlb fails and nba fails completely


2 posted on 08/10/2020 5:56:04 PM PDT by Secret Agent Man (Gone Galt; Not Averse to Going Bronson.)
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To: Secret Agent Man

Get woke go broke


3 posted on 08/10/2020 5:57:24 PM PDT by slapshot ( Speaker Ryan was a sober and less tan version of John Boehner)
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To: Secret Agent Man

Agreed. Get woke, go broke.


4 posted on 08/10/2020 5:58:06 PM PDT by TheZMan (I am a secessionist.)
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To: Mariner

The problem, or one of their problems, is lack of paying fans. Make those cardboard cutouts pay admission.


5 posted on 08/10/2020 5:59:27 PM PDT by Verginius Rufus
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To: Mariner

How did that kneeling thingy work out for you?


6 posted on 08/10/2020 5:59:42 PM PDT by shelterguy
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To: slapshot

This die-hard baseball fan has not so much as checked a score or a highlight reel. No radio, no tv, no internet attention whatsoever.

I figure baseball has to be destroyed to save it.


7 posted on 08/10/2020 6:00:31 PM PDT by Mariner (War Criminal #18)
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To: Mariner

But at least they can be proud of their social justice virtue on display for all to see.


8 posted on 08/10/2020 6:00:35 PM PDT by jmaroneps37 (Conservatism is truth. Liberalism is lies)
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To: Mariner

Can’t seem to find any sympathy.
Big tax write off for them anyway.
Anyone know if MLB gets stimulus $.


9 posted on 08/10/2020 6:00:44 PM PDT by Palio di Siena
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To: Mariner

Dear MLB, apologise for pandering to Left Wing bullies and I’ll consider taking you seriously. Until then, stick yer bats where the sun don’t shine.


10 posted on 08/10/2020 6:01:52 PM PDT by JusPasenThru (Si vis pacem, para bellum.)
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To: Mariner

But but but black lives mater more than paying customers. Everyone kneel for the national anthem. If you have an American flag, feel free to blow your nose, wipe your ass. Just don’t tie a pull down loop in the cord.


11 posted on 08/10/2020 6:03:00 PM PDT by wgmalabama
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To: Mariner

I have a love/hate relationship with my team, the Braves. They are world class chokers and losers. They promoted their gm to team president after he destroyed the team with ghastly trades. They honor a manager who won 15 straight division titles and choked every time but one. They left TBS to make viewers pay to watch them.

But this new style of PC baseball is the end for me. They can die the death, hopefully soon.


12 posted on 08/10/2020 6:03:00 PM PDT by Luke21
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To: Mariner

MLB and NFL need to come out and fire all white people for the white privilege they have had.


13 posted on 08/10/2020 6:03:04 PM PDT by PA-RIVER
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To: Mariner

I just check standings for now
Come September I’ll pay some attention
In the bay. The As are good and the giants suck


14 posted on 08/10/2020 6:04:52 PM PDT by Truthoverpower (The guv-mint you get is the Trump winning express ! Yea haw ! Trump pence II!)
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To: Mariner

Expect similar numbers across the league and baseball is likely losing $1bil per quarter compared to last year.

$2bil for the season PLUS all the playoff/series TV revenue.


15 posted on 08/10/2020 6:05:15 PM PDT by Mariner (War Criminal #18)
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To: Mariner

I will take a knee and laugh.


16 posted on 08/10/2020 6:06:11 PM PDT by 2banana (Common ground with islamic terrorists-they want to die for allah and we want to arrange the meeting)
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To: Secret Agent Man

When Kobe Bryant died, the NBA died. They ought to just chain closed the city parks now and save money.


17 posted on 08/10/2020 6:06:16 PM PDT by cnsmom
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To: slapshot

No joke


18 posted on 08/10/2020 6:07:25 PM PDT by smvoice (I WILL NOT WEAR THE RIBBON.)
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To: AdmSmith; AnonymousConservative; Arthur Wildfire! March; Berosus; Bockscar; cardinal4; ColdOne; ...
Gosh, it couldn't have anything to do with "get woke, go broke"...

19 posted on 08/10/2020 6:08:46 PM PDT by SunkenCiv (Eight six seven five three oh nine.)
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To: Secret Agent Man

Good

I hope the entire mlb fails and nba fails completely.

Just add the National Felon League to this woke reality!


20 posted on 08/10/2020 6:10:52 PM PDT by Grampa Dave (Does anyone know of any Democrat, who does the right thing for America or for Americans today?)
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